Using a large value for order k in the moving averages method is effective in:

a. tracking changes in a time series more quickly.
b. smoothing out random fluctuations.
c. providing a more accurate forecast variable value.
d. eliminating the effect of seasonal variations in the time series.


B

Business

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The key to maintaining competitive advantage, according to Dr. W.E. Deming is:

A) being committed to constant improvement. B) being first to market with all products. C) outsourcing key components. D) challenging all market leaders. E) stressing low-price advantage in all areas.

Business

With accumulated production experience and a higher volume of production, companies not only become more efficient but also ________

A) gain economies of scale B) incur higher overhead costs C) create derived demand in the market D) spend more per unit of produced output E) tend to routinely spend less on inputs

Business

BEGIN   WHILE lv_cnt_num <= 5 LOOP       DBMS_OUTPUT.PUT_LINE(lv_cnt_num);       lv_cnt_num := lv_cnt_num + 1;   END LOOP;END;According to the code fragment above, how many times does the loop iterate?

A. 3 B. 4 C. 5 D. 6

Business

Preston Wade Preston Wade, a local craftsman, normally sells his handcrafted wooden birdhouses for $145 each. Preston has the capacity to produce as many as 60 birdhouses a week. In a normal week, Preston makes 20 birdhouses with the following costs per unit: Direct materials $12.00 Direct labor $15.00 Variable overhead $ 3.00 Fixed overhead $ 5.00 Refer to the Preston Wade information above

Preston has received a special order from a local plant nursery to purchase 40 birdhouses for a price of $80 each. The nursery wishes to have the birdhouses engraved with their own logo, therefore, the order would require the rental of a special engraving tool at a cost of $250. If Preston accepts the special order, net income will increase by: A) $1,050 B) $1,750 C) $2,000 D) $3,200

Business